InvestorsHub Logo
Followers 5
Posts 508
Boards Moderated 0
Alias Born 03/31/2014

Re: HorizenBull post# 32161

Thursday, 07/05/2018 12:22:43 PM

Thursday, July 05, 2018 12:22:43 PM

Post# of 32851
I’m conflicted on this point - it’s the only way to pay these guys anything for running the company as they have never had any cash etc. At least when Withrow was CEO - his goal was to keep the outstanding share count as low as possible, including a reverse split for that very reason. So - they have to pay themselves something (they do still need to pay their own mortgages and legal bills - ha!) but the amount they are paying is crazy and obviously dumping millions of shares each month doesn’t do much for the share price. They’ve never held shareholder value as any core principle. You just have to understand that and accept it or move on...